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Roundhill Daily 2X Long Magnificent Seven ETF (MAGX): ETF

ETF traded on BATS under symbol MAGX. Quoted in usd.

Roundhill Daily 2X Long Magnificent Seven ETF logo

Roundhill Daily 2X Long Magnificent Seven ETF

+2.17%$53.76
BATS:MAGXEquity
AUM $59.61M·YTD --·Yield --
Roundhill Daily 2X Long Magnificent Seven ETF logoBATS:MAGX$53.76+2.17%
About MAGX

The Roundhill Daily 2X Long Magnificent Seven ETF, or "the Fund," is engineered to achieve daily investment results that are twice (2X) the performance of the Roundhill Magnificent Seven ETF (the "Magnificent Seven ETF"), prior to accounting for fees and expenses. Critically, this objective is designed to be met only within a single trading day. As a result, the Fund presents a higher risk profile compared to non-leveraged alternatives, given its strategy to amplify daily market fluctuations. For holding periods extending beyond a single day, the Fund's overall returns will be determined by the cumulative effect of its daily compounded performance. It is highly probable that its performance over such extended intervals will diverge significantly from a straightforward two-fold return of the Magnificent Seven ETF's performance, even before factoring in expenses and charges.

Largest holdings

  1. ROUNDHILL MAGNIFICENT SEVEN SWAP168.68%
  2. 912797VA2 United States Treasury Bill 12/03/202656.90%
  3. MAGS Roundhill Magnificent Seven ETF31.71%
  4. FGXXX First American Government Obligations Fund 12/01/20316.80%
  5. Cash & Other-164.09%
Full holdings, sectors and countries
Dividend History
Benchmark Comparison
Compared against
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Total Invested
$70,000
Final Portfolio
$106,910
Total Return
+$36,910
(+52.7%)
Dividends Reinvested
$0
compounded into portfolio
Defaults are seeded from historical performance and trailing twelve-month yield. Past performance is not a forecast. Feel free to adjust any input to model your own assumptions.
ETF Key Metrics
AUM$59.61M
NAV$53.71
Premium/Discount+0.09%
Expense Ratio0.96%
Market Cap--
Shares Outstanding--
Inception DateFeb. 29, 2024
Fund Details
IssuerRoundhill Investments
Asset ClassEquity
Beta--
SectorFinancial Services
DomicileUS
52-Week Range
$38.72$66.62
Current: $53.76
Volume
Volume55.74K
Avg Volume55.33K
Vol/Avg1.01x

30d

55.21K

60d

48.23K

90d

45.16K

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